Friday, August 28, 2015

Ways to Save Money on Car Insurance for High Risk Drivers

There are several posts on ways to save on car insurance in general, but
what about those drivers who are considered high risk. You know, the ones who
have several traffic violations that cause insurance providers to charge a
higher premium. While I’m certain we all do our best to obey the laws of the
road, sometimes we get caught out there. Whether we’re late for work and speed
to make up for lost time or we’ve had our fair share of accidents, there’s
always the risk of going from a good driver to a high risk driver in an
instant. So how does one who has a pretty horrible driving record still manage to
save money until they can prove themselves to be better drivers? As I looked
for cheaper insurance for myself and my husband (who happens to have a led
foot), I asked myself the same thing. Here’s what I came up with. Who Classifies as High Risk?First it’s important to understand who is labeled as a high risk driver by
insurance companies. A high risk driver is someone who for varying factors has
a higher possibility of causing an at fault accident. Someone might fall into
this category if:

· They’re a new driver · They have several traffic violations· They have a history of at fault accidents· Having no prior insurance (several violations of driving without
insurance)

Savings Tips for High Risk DriversNow that you have a better understanding of who could be considered a high
risk driver you can get onto the various ways to save. While your insurance is
naturally going to cost more than the average driver, there are ways you can
find affordable insurance that won’t break the bank.

1. Comparison Shop – Of course the best way to save on any
product or service would be to shop around. While one auto company may quote
you a high price, other companies may be willing to cut you some slack. By
doing a quick online
search for cheap insurance for SR22 policies (required for certain
high risk drivers), you will find that there are various competitors who still
want your business and are willing to come down on their quote to get it.

2. Consider additional services – High risk drivers still need
other forms of insurance including property and life insurance. If you’re
really having a hard time getting the cost of your car insurance to come down
you could always opt to bundle other insurance policies for an overall lower
cost.

3. Drive Less – Insurance companies will quote a lower price
for drivers that aren’t on the road as much. Essentially if you don’t drive
that often your chances of being involved in an accident are smaller. So a
great way to save on insurance would be to drive a little less.

4. Choose a safer vehicle – cars that have higher safety
features and ratings are going to get better quotes on their insurance
premiums. Why? Well if the car is a lot more durable and safe for passengers,
there are fewer expenses the insurance company would have to fork over in
you’re involved in an accident.

5. Improve your credit score – I know, I know, everything seems
to tie into your credit history or score somehow, but it’s what companies use
to determine your risk/eligibility. While insurance companies don’t necessarily
go by your credit score, they do create an auto insurance credit score which is
determined based on findings from your credit history. Improving your credit
history, lowers your risks, and saves you money.

All in all these five tips should help you to see some financial relief as
it pertains to your auto insurance. We’ve all made a mistake or two while on
the road, however, some of us end up paying for it for a long time. If you’ve
been labeled a high risk driver, going without insurance because of the costs
is never the answer. Instead, look for opportunities to save on your car insurance
wherever you can. It’s also not a bad idea to try and obey the traffic laws and
prove yourself to be a better driver than before. Through time, your insurance
provider may be willing to take you out of the high risk category which of
course lowers your rate.

Disclosure: The reviews and or opinions on this blog are my own opinions . No monitory compensation was received. I was not required to write a positive review. Your experience may differ. The opinions I have expressed are my own I am disclosing this in accordance with the Federal Trade Commissions 16 CFR Part 255: Guides Concerning the Use of Endorsement and Testimonials in Advertising .

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Disclosure: The reviews and or opinions on this blog are my own opinions, . No compensation was received. All opinions are my own. This is a unofficial fan site that is not affiliated with the Walt Disney Company or Disney theme parks.

Hello all, my name is Susan

I am a lifestyle blogger. My family and I love to travel and try new things. I am a working mom that tries to do it all! A Philadelphia native, who loves big city life. If you would like to contact me please email me at: susansdisneyfamily@gmail.com